Long Beach Area Chamber of Commerce (EIN 950944550) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1888

Legal Domicile

Principal Officer

Jeremy Harris

Phone

5624378823

Tax Period

2024-07-01 to 2025-06-30

Long Beach Area Chamber of Commerce, founded in 1888, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year.

Mission

The Chamber is the platform for business to provide leadership, education and advocacy so that the Long Beach area thrives in the 21st century.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $57,012

Program Service Revenue $802,925

Investment Income $1,216

Other Revenue $525,914

TOTAL REVENUE $1,387,067

Expense Breakdown

Grants Paid $0

Salaries & Benefits $899,508

Fundraising Expenses $0

Program Expenses $1,135,796

Other Expenses $533,026

TOTAL EXPENSES $1,432,534

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,387,067	$1,476,894	-0.1%
Expenses	$1,432,534	$1,463,733	0.0%
Net Income	$-45,467	$13,161	-4.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

124

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$287,471

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jeremy Harris	President & CEO	40.00	Officer	$263,199	$24,272	$287,471
Alicia Berhow	Director	1.00	Director	$0	$0	$0
Blair Kent	Director	1.00	Director	$0	$0	$0
Brian Devot	Director	1.00	Director	$0	$0	$0
Brissa Sotelo-Vargas	Director	1.00	Director	$0	$0	$0
Bryce Cullinane	Director	1.00	Director	$0	$0	$0
Carolyn Caldwell	Director	1.00	Director	$0	$0	$0
Celina Luna	Director	1.00	Director	$0	$0	$0
Chris Reese	Director	1.00	Director	$0	$0	$0
Cliff Buford	Director	1.00	Director	$0	$0	$0
Craig Ima	Director	1.00	Director	$0	$0	$0
Dan Lipton	Director	1.00	Director	$0	$0	$0
Carmen Shoemaker	Director	1.00	Director	$0	$0	$0
Brandon Tanner	Director	1.00	Director	$0	$0	$0
David Koch	Director	1.00	Director	$0	$0	$0
Dr Lourdes Ramos	Director	1.00	Director	$0	$0	$0
Dr Nishan Tchekmeyain	Director	1.00	Director	$0	$0	$0
Dana Buchanan	Director	1.00	Director	$0	$0	$0
Fred Sutton	Director	1.00	Director	$0	$0	$0
Greg Guthrie	Director	1.00	Director	$0	$0	$0
Hans Stone	Director	1.00	Director	$0	$0	$0
Heather Summers	Director	1.00	Director	$0	$0	$0
Greg Alexander	Director	1.00	Director	$0	$0	$0
Kendra Madrid	Director	1.00	Director	$0	$0	$0
Jim Zehmer	Director	1.00	Director	$0	$0	$0
Jon Mesko	Director	1.00	Director	$0	$0	$0
John Howard	Director	1.00	Director	$0	$0	$0
Justin White	Director	1.00	Director	$0	$0	$0
Ken Houp	Director	1.00	Director	$0	$0	$0
Kris Gragson	Director	1.00	Director	$0	$0	$0
Lynette McKinnon	Director	1.00	Director	$0	$0	$0
Lisa Arias	Director	1.00	Director	$0	$0	$0
Mario Cordero	Director	1.00	Director	$0	$0	$0
Mark Dodson	Director	1.00	Director	$0	$0	$0
Megan Christensen	Director	1.00	Director	$0	$0	$0
Mark Miller	Director	1.00	Director	$0	$0	$0
Nital Patel	Director	1.00	Director	$0	$0	$0
Mitra Rogers	Director	1.00	Director	$0	$0	$0
Otto Jun	Director	1.00	Director	$0	$0	$0
Kevin Wetzel	Director	1.00	Director	$0	$0	$0
Patty Senecal	Director	1.00	Director	$0	$0	$0
Peter Kosa	Director	1.00	Director	$0	$0	$0
Rhiannon Acree	Director	1.00	Director	$0	$0	$0
Pejmon Noori	Director	1.00	Director	$0	$0	$0
Silvano Merlo	Director	1.00	Director	$0	$0	$0
Scott Bristol	CFO	1.00	Officer Director	$0	$0	$0
Sumer Temple	Chairman	1.00	Officer Director	$0	$0	$0
Tomi Riley	Director	1.00	Director	$0	$0	$0
Trini Jimenez	Director	1.00	Director	$0	$0	$0
Robert Beasley	Director	1.00	Director	$0	$0	$0
Seffrah Orlando	Director	1.00	Director	$0	$0	$0
Yvonne Santos	Director	1.00	Director	$0	$0	$0
Stephen Herring	Director	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$1,387,067	$1,432,534	$1,942,967	$-45,467
2024	$1,476,894	$1,463,733	$2,314,511	$13,161
2023	$1,271,188	$1,274,955	$785,897	$-3,767
2023	No data	No data	No data	No data
2022	$1,376,783	$1,206,696	$1,018,053	$170,087
2021	$1,109,508	$980,622	$904,314	$128,886
2021	$1,085,816	$980,623	$904,315	$105,193
2020	$966,142	$1,225,618	$669,032	$-259,476
2019	$1,394,331	$1,395,382	$684,186	$-1,051
2018	$1,230,105	$1,206,266	$647,489	$23,839

Long Beach Area Chamber of Commerce